Gann Trading Rules

Gann Trading Rules - # 1: Strive for success

To be successful the most important rule is to strive for success. This means you must
made put a lot effort and hard work in your effort. There must be a short term
and long lists necessary for trading the markets you trade. They must always be
up-to-date and should be visible on a daily basis, so your mind gets use of their
price movement and time. Then you learn the secrets of trading and see how the
price movements are constantly evolving.

Gann Trading Rules - # 2: Nobody owes you anything

You must succeed on your own. It is up to you. The markets, brokers, brokerage
firms, news letters do not owe you anything. Gann never newsletter to all citizens. He
it all. The markets are there to provide a service for buying and selling
Markets are trading. They really do not care that you make money. The markets are
is brokerage commissions. The more trade, more money to brokerage houses
and exchanges. Must be familiar from a reliable trading method that will
can be used to extract money from these markets. This method must be able to help
understand the price structure of markets in terms of time and price movement.

Gann Trading Rules - # 3: Plan You are a way to profit

When you enter the trade should have a game plan figured for input and output
of trade. The plan should be final and not subject to change in your psychology
during market hours. Gann knew exactly what he was doing all the time. Should
have an end market at all times because you never know when the time cycle can
turn against you. You should also have a profit target market. So many salesmen
lost today because they are using computer oscillators to trade with them and they never know
where it happens. They usually end up trading with rumors and tips and use hope
and fear to try to make a success of the markets.

Gann Trading Rules - # 4: Plan your orders

You should always use price orders to enter the market. This will limit your
risk and you can have a stop loss in advance of trade will be done. Also,
eliminate collapsing the entrance. When you exit the market, it may be a limit on
based on the time and cost target. However, if the price is not met by the end
time of your cycle, you should exit the market.

Gann Trading Rules - # 5: Proportion of profits

You can set your profit ratio of 3 times the risk factor. Go back to previous
Lists of the market will trade and determine how the market rose or
fell and then set the loss terms on the grounds. For example, if you have found that wheat
meetings usually 12 cents, then you should stop set at 4 cents.

Gann Trading Rules - # 6: Trade in Private

Never under any circumstances reveal your trading positions for anyone. Your mind must
be in complete harmony with your trading positions. When you reveal your positions on someone, they will immediately begin to doubt the trade and start to reduce your
confidence and concentration in the trade. You will then be less efficient and trader
eventually lost.

Gann Trading Rules - # 7: Margin

In trading on low margins is the reason why so many people lose their markets. Should
never put a position of risk over 10% of the capital. Each position has in
products should be supported with 3 times the minimum exchange margins. This means that
If the exchange minimum margins of wheat is $ 700 when I purchase agreement
wheat, it should be supported by $ 2,100. This support can be done in several ways. You
not have to have money sitting in a brokerage account. It may be in cash
market account or Tbills.

Gann Trading Rules - # 8: Double tops

Double tops offer you the best way of selling market. What happens is that
time and high price is being challenged. In most cases, up time to market
has gone and it is in a downtrend. You should use the first gathering of the top as testing
selling point. In many cases it ends up being a double top. Check the particular
market will trade on the previous double tops and see what the market needs to do to
get through and break the double top. It is usually 1-2 percent of the cost of current
market. Then you should set your stop on the ground. The distance between the double tops
important. The longer distance is more important. Double tops the annual list
are important, then a month and then every day is important. This is why
should always be seen long lists to see these peaks

Gann Trading Rules - # 9: Double bottoms

Just like double tops, good double bed provides an excellent opportunity for trading. Most
major bull markets are created by these communities. Always keep an eye on all lists
this development. Place orders and use your protection ceases to take advantage of
these trades.

Gann Trading Rules - # 10: Inside Day

See markets within days. This means that the market the previous day high and
low is inside the range of the previous day. You will find that after long-term cost.
Agents constantly bombarded with conflicting news that distorts the current view
move that this signal provides an early warning that the market is about to occur in
opposite direction.

Gann Trading Rules - # 11: Reversal Signals

Understanding and look for reversal signals. This will tell you the market trend short
period. When the market runs to more than five days, and then gaps up, fills that gap,
and closed lower for the day, it shows low prices. You should expect this trend
changes. This reversal is the strongest signal. Another twist is that the market runs up
for 5 days or more and opens a permanent move higher, then closes lower under
previous days close. In many cases, the market will move at least 3 days in the opposite
direction after one of these reverse signals.


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